Domestic Interest Rates to Fall in Line with US and European Central Bank Trends The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer... 2024.09.18.
Interest Rate Outlook: Limited Scope for Cuts Ahead In an online discussion following recent monetary policy decisions, Barnabás Virág, Vice-chairman of the Hungarian National Bank (MNB), offered insights... 2024.05.22.
Central Bank’s Base Rate Cut Higher than Expected The Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 75 basis points to 12.25 percent... 2023.10.25.
Central Bank Could Prepare for Cautious Cut in the Base Rate The Monetary Council of the Hungarian National Bank may cut the base rate for the first time in more than... 2023.10.24.
Forint Strengthens but Still More Vulnerable than Regional Currencies The Hungarian forint strengthened against the major currencies in international foreign exchange trading on Tuesday morning compared to the previous... 2023.10.24.
The Year of the Forint The forint has continued to strengthen in the second quarter of 2023. In the first half of the year the... 2023.07.03.
Costs of Personal Loans Peaking Interest rates on personal loans rose steadily last year, with the average annual interest rate calculated by the Central Bank... 2023.03.02.
On the Way to Recovery as Interest Rates Begin to Decrease In February, several major banks started to cut their lending rates, with some having lowered interest rates on home and... 2023.02.03.
End of Interest Rate Rise in Hungary, Other Tools on Way for Monetary Tightening On Tuesday, the Governor of the Hungarian National Bank announced that the bank's 16-month cycle of interest rate hikes, the... 2022.09.28.
London Analysts Expect Hungarian National Bank Base Rate to Peak above 10 Percent by Year’s End According to significantly revised forecasts by London-based financial analysts, the Hungarian National Bank (MNB) base rate is likely to peak... 2022.06.29.
Despite Approaching Deadline, Gov’t Has Yet to Decide on Fate of Price Caps The Orbán government believes that the several price caps introduced in Hungary have proven to be effective and had a... 2022.04.21.